ClimbWorks - The Next Face of Growth

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The direct air capture industry is suddenly becoming a billion dollar industry where you are having projects being enabled on the billion dollar scale. So we are essentially going from like a very young industry with a limited number of players and experience to a playground that is reserved of very large energy companies. Half of my brain is in the future and I always try to figure out how to unlock the next face of growth for ClimbWorks. We have this huge piece of government support with the Department of Energy there is 3.5 billion dollars on the table to deploy direct air capture on a megaton scale. The other half has to be financed from the private market or from investors. This is dream policy and dream

The carbon-capture industry notched a breakthrough in early 2023, when Climeworks became the first company to be third-party certified for taking carbon out of the air and mineralizing it underground. Climeworks co-founder and co-CEO Christoph Gebald is now racing to scale this new potential, from Iceland to Oman to the United States, by convincing investors, corporate partners, and governments to support a new pillar in the quest for net-zero goals. Christoph points to both serendipity and learning from mistakes as key in helping Climeworks navigate the steep path required in addressing climate-crisis.

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